| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $1.8B | -2.8% | 1.2% |
| Op. Income | $276M | $296M | $237M | -6.7% | 16.3% |
| Gross Margin | 35.0% | 33.9% | 33.6% | 1.1pp | 1.5pp |
| Net Margin | 9.0% | 9.8% | 8.5% | -0.8pp | 0.4pp |
| EPS (Diluted) | $0.25 | $0.28 | $0.24 | -10.7% | 4.2% |
| Free Cash Flow | $219M | $191M | $229M | 14.7% | -4.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $651M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $375M |
| Other Expenses | $0 |
| Operating Expenses | $375M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $67M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $101M |
| EBIT | $276M |
| EBITDA | $376M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $651M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $375M |
| Other Expenses | $0 |
| Operating Expenses | $375M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $67M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $101M |
| EBIT | $276M |
| EBITDA | $376M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $167M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $258M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$224M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$219M |
| FREE CASH FLOW | $219M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $905M |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $698M |
| Goodwill | $5.5B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $769M |
| Short-Term Debt | $281M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $464M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $728M |
| Other Non-Current Liabilities | $334M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $3.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$212M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $6.2B |
| Net Debt | $5.9B |
